SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Short Interest Update

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 27,591 shares, an increase of 594.6% from the April 30th total of 3,972 shares. Based on an average trading volume of 96,742 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of SPDR SSgA Ultra Short Term Bond ETF

Several institutional investors have recently modified their holdings of ULST. Assetmark Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $31,000. Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 4th quarter worth approximately $36,000. Geneos Wealth Management Inc. purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 1st quarter worth approximately $37,000. Collier Financial purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF during the 3rd quarter worth approximately $60,000. Finally, Wells Fargo & Company MN lifted its position in shares of SPDR SSgA Ultra Short Term Bond ETF by 280,500.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,806 shares of the company’s stock worth $114,000 after buying an additional 2,805 shares during the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Stock Performance

Shares of ULST remained flat at $40.47 during mid-day trading on Thursday. The stock had a trading volume of 26,285 shares, compared to its average volume of 138,669. SPDR SSgA Ultra Short Term Bond ETF has a fifty-two week low of $40.20 and a fifty-two week high of $40.72. The firm’s 50-day moving average price is $40.43 and its 200 day moving average price is $40.51.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.